The Bureau of Labor Statistics’ December Payroll Survey reported a seasonally adjusted gain of 292,000 jobs, 275,000 in the private sector. Read More
Posts Categorized: Employment
Payroll Growth Is Not Growing
The past two months’ seasonally adjusted changes are being viewed as signs of a robust pick-up in growth. But in the medium to long term perspective that is needed with so much month-to-month noise, revision and adjustment – growth is slowing. On a percentage basis, both year-over-year, and a rolling quarterly growth (annualized) are both… Read more » Read More
JOLTS vs Payroll Survey
We compare and contrast the two surveys, looking for clues to the October “surge” in Payrolls. The new, September JOLTS data neither confirms nor denies. Read More
Job Openings at 3.7% (up 0.1% ), Hiring at 3.5% (down 0.1% ).
The number of job openings was little changed at 5.5 million on the last business day of September, the U.S. Bureau of Labor Statistics reported today Read More
Why All The Fuss?
Much was made of the October Payrolls Survey’s headline growth figure of 271,000 in comparison with the growth rates for August and September of 153,000 and 137,000 respectively. Read More
Unemployment Rate fell in October to 5%.
The Labor Force Participation rate remained unchanged October at 62.4%.
The Employment/Population Ratio rose to 59.3% from 59.2%. Read More
Payrolls Survey: Jobs Growth of 271,000 in October
The Bureau of Labor Statistics’ October Payroll Survey reported a seasonally adjusted gain of 271,000 jobs, 268,000 in the private sector. Read More